Do you plan to stay in this area for a while and work and live in the same house?

@Mindy JensenCurious if there was additional follow through with this or new insight?

In addition tenant flips take work and have costs.  

A book that has changed the way I live my life: The Art of Possibility by Ben & Rosamund Zander. 

(None of us would be living in the unit)3.

Hello, I think it’s really awesome that you’re just now beginning and you are already coming to the forums to learn so the first thing you need to do is to continue to stay on the forms and you also need to be reading all of the bigger pocketbook and start listening to their podcast to soak up as much knowledge as you can and as long as you do that, you will have all the knowledge you need to start and regarding your question I do not advise to buy a single-family house just to live in it without a rental property aspect so it’s OK if you want to live in the house as well but you will have to either get a multifamily property or you could also buy a single-family home and rent out the other rooms  now see when you have a property that you use just for your family then you have to pay the mortgage every month which is building your equity, but that responsibility is solely on you whereas if it has some sort of rental property aspect, there will be other people helping you build that equity if you were to buy a property just for yourself that is something that will be taking money out of your pocket every month while as a rental property if you buy right will be putting money in your pocket every month the only exception to what I just said is if you buy a property for yourself or just for your family to live in, you could do a live-in flip to where as you’re living in the property you rehab it while your living there and if you buy right with enough knowledge, then when you turn around to sell the property, you will make profit

No the rates are not on par with conventional when you figure in additional costs and pre-payment penalties. 

I currently live in the metro ATL area, but have history and ties in Charlotte and Chapel Hill (Both NC).For work, we focus on logistics, senior care, and manufacturing.

Here's an article with additional FAQs on cost segregation studies that you may find helpful.

These kinds of places are Works of Love and a life style - - are you looking to live there and take on a new life, OR are you an investor looking for a return?